If you’re interested in investing and buying US stocks in Canada, you need to check out other options when it comes to exchanging currency.
With Remitbee currency exchange, you can get the most out of your trading. Questrate, which is a popular option for those converting CAD to USD, charges 1.5-1.99%. However, Remitbee Currency Exchange charges you zero fees.
Once you start to invest in the thousands, you could be losing a ton of money just on fees alone! For example: Consider the following compared to Questrade fees:
- $1000 worth of US stocks: You could be losing about $40 CAD.
- $50,000 worth of US stocks: You could be losing about $2,000 CAD
Their currency exchange services are only available to those with bank accounts in Bradford
Exchanges take up a maximum of two working days.
Remitbee offers 100 percent online exchange services; thus, if you're an entrepreneur who is always on the go, then Remitbee is the option for you. The company apps have all the functionality you expect and are compatible with iPhone and Android devices.